Corporate Operations: Page 20
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Ferrero buys protein snack company Power Crunch
The purchase expands the Nutella maker's presence in the better-for-you category while increasing its U.S. footprint.
By Christopher Doering • Jan. 24, 2025 -
The Campbell’s Company names new exec to head meals and beverage unit
Food industry veteran Risa Cretella will oversee a division with more than $5 billion in sales from brands including Rao’s, V8 and Swanson.
By Christopher Doering • Jan. 24, 2025 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineReformulating for the future: Why the food industry is overhauling ingredient lists
Companies are under rising pressure to improve the nutritional profile of their products while balancing taste, texture and affordability.
By Food Dive staff -
The alcohol industry seeks to brew sales growth beyond beer
Manufacturers of Miller High Life and Bud Light are moving into other categories like energy drinks, RTD cocktails and nonalcoholic products to remain relevant as consumer tastes change.
By Chris Casey • Jan. 23, 2025 -
Packaging materials didn’t cause Walmart broth recall, says TreeHouse Foods
Tetra Pak, which makes the cartons for the recalled broth, said it is not aware of procedural issues on its end.
By Katie Pyzyk • Updated Jan. 29, 2025 -
Retrieved from Danone.
Danone’s yogurt sales surge among US consumers using GLP-1 drugs
Oikos and its other popular brands are seeing a spike in demand as people taking the weight-loss medications turn to the portion-controlled snacks to meet their nutritional needs.
By Christopher Doering • Jan. 22, 2025 -
Q&A
Inside the evolution of Danone’s Stōk
The fast-growing beverage has expanded into a cappuccino-inspired cold brew, seasonal flavors and energy, bringing new usage occasions and consumers to the brand.
By Christopher Doering • Jan. 22, 2025 -
Private label sales hit record $271B in 2024
All 10 food and nonedible departments tracked by Circana showed store brand dollar growth over 2023, a new report found.
By Catherine Douglas Moran • Jan. 21, 2025 -
Molson Coors refuses bid by Leinenkugel’s family to buy back plant
The Coors Light producer said it plans to use the Chippewa Falls, Wisconsin, facility as a pilot brewery.
By Chris Casey • Jan. 21, 2025 -
PepsiCo sued by FTC for allegedly ‘rigging’ soft drink prices
The agency claims the soda giant gave “unfair” pricing advantages to a larger retailer, forcing consumers to pay more at competing stores. Pepsi “strongly disputes” the allegations.
By Christopher Doering • Jan. 17, 2025 -
Spindrift names former Boston Beer head as CEO, sells majority stake to PE firm
The 15-year-old brand has become popular with consumers who are lowering their sugar intake while prioritizing recognizable ingredients — all without sacrificing a fizzy mouthfeel.
By Christopher Doering • Jan. 16, 2025 -
Anheuser-Busch to launch energy drink through Dana White-backed partnership
Phorm Energy, a collaboration with sports nutrition and supplements company 1st Phorm, is expected to debut this summer.
By Christopher Doering • Jan. 16, 2025 -
Jack Daniel’s owner to close barrel-making plant, cut more than 600 jobs
The restructuring by Brown-Forman, which is expected to generate up to $80 million in annual savings, comes as inflation and changing consumer tastes cut into spirits sales.
By Chris Casey • Jan. 16, 2025 -
Constellation Brands pins hopes on Mexican beers as spirits sales decline
As uncertainty looms around potential tariffs, the brewer’s CEO expressed optimism about the outlook for Modelo, Corona and Pacifico.
By Chris Casey • Jan. 14, 2025 -
Keurig Dr Pepper creates energy drink exec role in leadership refresh
The company also named Eric Gorli as president of its $9 billion U.S. refreshment beverage operation, which includes soft drinks, tea and water.
By Christopher Doering • Jan. 14, 2025 -
Hormel Foods CEO to retire after 36 years with the Spam maker
The departure of James Snee, who took over the top post in 2016, is the third leader from a major food company to announce they are leaving since December.
By Christopher Doering • Jan. 14, 2025 -
Hershey names new executives to oversee confection, salty snacks
Andrew Archambault, joining from Keurig Dr Pepper, will oversee its sweets business, while company veteran Veronica Villasenor will run brands like Dot’s and SkinnyPop.
By Christopher Doering • Jan. 13, 2025 -
Sponsored by Bitly Inc.
Score big on game day: 7 essential marketing strategies for food retailers
Get ready to boost game-day sales with winning strategies that attract shoppers and keep them coming back for more.
By Jenny Coppola, Bitly Inc. • Jan. 13, 2025 -
Hershey CEO Michele Buck to retire in 2026
Her departure comes as the snacks maker faces challenges including higher cocoa costs, inflation that has curtailed product demand and the proliferation of GLP-1 weight-loss drugs.
By Christopher Doering • Jan. 10, 2025 -
Higher egg prices boost Cal-Maine earnings
Bird flu outbreaks have created supply shocks at the grocery store, with some retailers limiting consumer purchases.
By Sarah Zimmerman • Jan. 10, 2025 -
Tropicana orange supplier Alico to exit citrus business
The company concluded that "growing citrus is no longer economically viable for us in Florida," with disease and hurricanes reducing production by 73%.
By Sarah Zimmerman • Jan. 10, 2025 -
Louis Dreyfus buys BASF’s food and health ingredients business
The food processor seeks to dominate the plant-based space while chemical producer BASF shifts its focus to other areas.
By Chris Casey • Jan. 9, 2025 -
Retrieved from Simple Mills.
Wonder bread owner buys Simple Mills for $795M
Flower Foods' purchase of the better-for-you snack maker is meant to improve its growth prospects while diversifying its portfolio with the addition of crackers, cookies, snack bars and baking mixes.
By Christopher Doering • Jan. 9, 2025 -
Column
The Weekly Sip: Duckhorn Portfolio names new CEO | Odwalla reemerges with new juices, smoothies
The winemaker is changing leadership after its $2 billion sale, and the juice brand formerly owned by Coca-Cola is tapping into consumer interest for healthier drinks.
By Food Dive staff • Jan. 9, 2025 -
Smithfield Foods files for public offering on US stock exchange
The proposed listing comes amid pricing pressures in the pork industry and mounting public scrutiny over the agriculture industry's ties to China.
By Sarah Zimmerman • Jan. 8, 2025 -
Pabst and Anheuser-Busch enter into brewing agreement
The deal comes after Pabst’s production deal with Molson Coors ended last month after nearly 20 years.
By Chris Casey • Jan. 7, 2025